415,806 Shares in Amplify Energy Corp. $AMPY Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP bought a new position in Amplify Energy Corp. (NYSE:AMPY) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 415,806 shares of the company’s stock, valued at approximately $1,655,000.

Other institutional investors also recently bought and sold shares of the company. Empowered Funds LLC lifted its stake in shares of Amplify Energy by 10.1% during the 1st quarter. Empowered Funds LLC now owns 253,581 shares of the company’s stock worth $1,582,000 after purchasing an additional 23,159 shares during the period. Renaissance Technologies LLC purchased a new stake in shares of Amplify Energy in the first quarter valued at $92,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Amplify Energy in the first quarter valued at $75,000. Arrowstreet Capital Limited Partnership acquired a new position in Amplify Energy in the first quarter valued at $5,390,000. Finally, Assenagon Asset Management S.A. acquired a new position in Amplify Energy in the first quarter valued at $994,000. 42.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Wall Street Zen raised Amplify Energy from a “strong sell” rating to a “hold” rating in a research note on Sunday. Benchmark dropped their price objective on shares of Amplify Energy from $11.00 to $9.00 and set a “buy” rating for the company in a research note on Tuesday, August 11th. Finally, Weiss Ratings raised shares of Amplify Energy from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $9.00.

Insider Activity at Amplify Energy

In other news, insider James Frew acquired 25,000 shares of Amplify Energy stock in a transaction dated Tuesday, June 23rd. The shares were acquired at an average cost of $3.95 per share, with a total value of $98,750.00. Following the purchase, the insider directly owned 216,859 shares of the company’s stock, valued at approximately $856,593.05. This trade represents a 13.03% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 8.99% of the stock is currently owned by company insiders.

Amplify Energy Stock Down 0.1%

Shares of NYSE AMPY opened at $4.78 on Monday. The stock has a market capitalization of $197.97 million, a PE ratio of 10.61 and a beta of -0.17. The firm has a fifty day moving average of $4.09 and a 200-day moving average of $5.05. Amplify Energy Corp. has a 52-week low of $3.65 and a 52-week high of $6.79.

About Amplify Energy

Amplify Energy Corp (NYSE: AMPY) is an independent upstream energy company focused on the exploration, development and production of crude oil and natural gas resources in the United States. The company’s operations emphasize both conventional and unconventional plays, combining onshore and offshore activities. Amplify Energy applies advanced reservoir management techniques and disciplined capital allocation to identify and develop reserves with attractive economics while managing commodity price exposure through targeted risk strategies.

The company’s asset portfolio is concentrated along the U.S.